Plan Snapshot
- Plan Sponsor: Benefits Plus Trust Fund Welfare Benefit Plan
- Sponsor EIN: 336162794
- Sponsor Address: P.O. BOX 12630, SAN DIEGO, CA, 92112
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 589
- Total Assets: $5.1M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 589 | $5.1M | $6.8M | $13,670 |
| 2023 | 901 | $3.9M | $8.0M | $11,259 |
| 2022 | 959 | $5.8M | $8.2M | $22,949 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| WELLS FARGO | Other Service Provider | $18,526 | — | $18,526 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $18,526
- Estimated Expense Ratio: 0.361% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $150,619 | $1,420 | — | — | — |
| 2023 | $4,135 | $4,135 | — | — | — |
| 2022 | -$64,083 | — | — | — | — |